RESERVE BANK RETURN

Auckland Star, Volume LXXV, Issue 217, 13 September 1944, Page 3

RESERVE BANK RETURN

(P.A.) WELLINGTON, this day. The Reserve Bank return for the week ended Monday, September 4, with variations in the figures compared with those in the previous week's statement in parentheses, is as follows:— Liabilities.—General reserve, £1,500,000 (same); bank notes. £37,986.422 (+£25,169). Demand liabilities: State, £10,315,877 ( + £1,243,124); banks, £35,365,513 (—£2,502,934); other, £1,974,018 (+£567,870); other liabilities, £1,959,144 (—£32,242); total, £89,149,642 (—£629,553). Assets.—Reserve: Gold, £2,801,877 (same); sterling exchange, £32,933,589 ( + £178,635); subsidiary coin, £42,379 (—£3251). Advances— • Marketing. £2,973,'984 (—£1,094,431); other, £35,885,000 (same); investment, £11,736,055 (same); other assets, £2,773,760 (+£189,494); total, £89,149,645 (—£629,553). Proportion of reserve to notes and other demand liabilities, 41.673 per cent (previous week, 41.031 per cent). Three Years Compared The following table shows the position Of the Bank's funds at this date for the past three years (in thousands of pounds):—

1942 1943 1944 Bank Notes .... 26,884 33,767 37,986 Deposits— State 11,116 15,794 16,316 Banks 21,134 25,552 35,365 Exchange 25,678 25,623 32,936 AdvancesMarketing 6,102 4,286 2,974 other 22,200 33,735 35,885 Ratio (p.c.) .. 47.650 37.314 41.673